Jan 15, 2024 · The notable achievements during India’s tenure – the inclusion of the African Union into the G20; the launch of critical multistakeholder partnerships such as the Global Biofuel Alliance and the Global Initiative on Digital Health; the progress on United Nations Sustainable Development Goals (SDGs); the reform of multilateral development banks; and the scaling of …

Jun 26, 2023 · The UPI, launched by the National Payments Corporation of India (NPCI) in 2016, enables citizens to transfer money from one bank account to another instantly. UPI has revolutionised digital payments in India, enabling individuals and businesses to make transactions seamlessly and securely.

Feb 19, 2020 · India became the world’s fifth largest economy last year, according to data from the IMF’s October World Economic Outlook.

Aug 30, 2019 · It shows Indian migrant workers sent home almost $79bn in 2018. China was the second largest recipient of remittances, with $67bn sent back by 10 million overseas workers. In itself, the $79bn Indians sent home in remittances is a huge sum of money, but it is equal to just 2.7% of India’s GDP, according to data from KNOMAD.

Jan 7, 2019 · Indian consumers will be willing to adopt value-for-money brands that have "just right" features and prices. India’s new consumers have aspirations to consume more (and the necessary income to fulfil this desire), but they are dispersed across tens of thousands of urban and rural towns.

Mar 22, 2017 · The original reason given for the drastic demonetization action was to expose the so-called “black” market, fueled by money that is illegally gained and undeclared for tax purposes. The existence of this parallel economy is a substantial drag on the Indian economy: According to recently released data , only about 1% of Indians paid taxes on ...

May 26, 2021 · In India, a water supply shortfall of up to 50% is expected by 2030, as per UNICEF. According to federal think tank NITI Aayog, 21 major Indian cities are in immediate danger of running out of groundwater. Three-quarters of Indian districts, home to 638 million people, are hotspots for water-related disasters.

Oct 4, 2016 · According to a report by the Johannesburg-based company New World Wealth, India is the second-most unequal country globally, with millionaires controlling 54% of its wealth. With a total individual wealth of $5,600 billion, it’s among the 10 richest countries in the world – and yet the average Indian is relatively poor.

Dec 20, 2023 · AI and generative AI provide Indian banks with the opportunity to create an evolving banking ecosystem while meeting expanded risk management and compliance demands. System 2 AI promises to introduce true problem-solving capacity into financial services.

Jan 5, 2022 · During the brainstorming session in Glasgow last year at COP26, Indian Prime Minister Narendra Modi committed to achieving net-zero emissions by 2070. As part of the five-pronged commitment “Panchamrit”, he also outlined a lofty aim for India to produce 500 GW of energy from non-fossil sources by 2030 and reduce carbon intensity to 45%.